Apology given to WPP

16 August, 2011

This statement is made by Crispin Jameson following settlement of the proceedings commenced by The Brand Union/ Everystone Limited (“Everystone”) in the High Court in London.

I wish to apologise unreservedly and publicly to Everystone, The Brand Union and WPP for my recent conduct. Whilst holding a senior position working for Everystone and The Brand Union, I set up a venture known as The Great Game. Using resources and property belonging to my employers, I began actively trading The Great Game as a business. I acknowledge that The Great Game is the exclusive property of WPP and that I wrongly sought to profit from it at their expense. It was entirely inappropriate for me to behave in the way I did and I thoroughly regret my conduct.

I accept that my actions amount to a flagrant breach of my duties to Everystone and The Brand Union. As a senior employee, I was under a clear duty to act in good faith and by deceiving my employers for my own material gain, and encouraging others under my control to do likewise, I fundamentally breached those duties. I will always regret what I did.

I knew at the time what I was doing was wrong and damaging to my employers’ business interests. I also knew that I was not entitled to profit from my own wrongdoing. I now deeply regret my entirely inappropriate actions.

Everystone and The Brand Union were entirely justified in issuing legal proceedings against me to recover sums of money and property which were lawfully theirs. Everystone and The Brand Union have been put to unavoidable and material cost in investigating, pursuing and seeking to remedy a situation created by me for which I have absolutely no adequate justification or defence.

I have now reached a settlement with Everystone and The Brand Union. The terms of that settlement are confidential but I fully acknowledge that WPP and Everystone are entitled to protect their business interests.